Increasing affluence drives VN cruise market
Cruise travel is growing rapidly in Vietnam due to the country’s increasing affluence, experts said.
The Sapphire Princess cruise docks at Ba Ria Vung Tau port to welcome Vietnamese travellers (File Photo)HCM City (VNA) - Cruise travel is growing rapidly in Vietnam due to the country’s
increasing affluence, experts said.
According to Cruise Line International Association, the rise in demand for cruises is the largest in Asia, rising by 126 percent between 2012 to 2016 to 4,100 passengers.
Experts attributed the growing demand to the most rapidly growing middle class population in Southeast Asia.
A report from the Boston Consulting Group said the middle and affluent classes in Vietnam would double to 33 million, or a third of the population, by 2020.
Seeing the potential of the market, the company this year plans 31 voyages to Vietnam this year with over 80,000 guests.
“Vietnam has become an increasingly popular destination for our guests from the US, Australia, and Europe as well as Asian countries, and cruising is one of the best ways to explore this magnificent part of the world,” Farriek Tawfik, director for Southeast Asia, Princess Cruises, said.
A report from Saigon Tiep Thi (Saigon Marketing) magazine said many cruise liners have the same ideas about the market.
Every time they come to Vietnam these companies invite tour operators to study their services and introduce them to customers, it said.
According to the report, in the past customers who wanted to enjoy cruises had to go abroad, but they can now get them from local operators.
Many tour operators in HCM City like Viettours, Saigontourist and Vietravel offer cruises, taking Vietnamese tourists to Southeast Asia and Europe, and also getting them the required visas and tickets.-VNA
According to Cruise Line International Association, the rise in demand for cruises is the largest in Asia, rising by 126 percent between 2012 to 2016 to 4,100 passengers.
Experts attributed the growing demand to the most rapidly growing middle class population in Southeast Asia.
A report from the Boston Consulting Group said the middle and affluent classes in Vietnam would double to 33 million, or a third of the population, by 2020.
[Vietnam emerges as attractive destination for foreign luxurious cruisers]
Talking about the potential of the Vietnamese market, Princess Cruises, a premium cruise line, said, “With the rise of the middle class, the demand for holidays abroad will also increase among Vietnamese opting for cruise travel to destinations such as Europe and around Asia.”
The company told that last year its vessels visited Vietnam 22 times, berthing in the Phu My, Nha Trang, Cai Lan and Da Nang ports with 58,000 visitors.Seeing the potential of the market, the company this year plans 31 voyages to Vietnam this year with over 80,000 guests.
“Vietnam has become an increasingly popular destination for our guests from the US, Australia, and Europe as well as Asian countries, and cruising is one of the best ways to explore this magnificent part of the world,” Farriek Tawfik, director for Southeast Asia, Princess Cruises, said.
A report from Saigon Tiep Thi (Saigon Marketing) magazine said many cruise liners have the same ideas about the market.
Every time they come to Vietnam these companies invite tour operators to study their services and introduce them to customers, it said.
According to the report, in the past customers who wanted to enjoy cruises had to go abroad, but they can now get them from local operators.
Many tour operators in HCM City like Viettours, Saigontourist and Vietravel offer cruises, taking Vietnamese tourists to Southeast Asia and Europe, and also getting them the required visas and tickets.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
